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TSMC Hits Record Q1 Profit, Fueled by Nvidia and Apple AI Orders
TSMC reported record first-quarter revenue and profit that exceeded analyst expectations. Relentless demand for advanced artificial intelligence chips drove...
GE Aerospace eyes Pentagon weapons production, strengthening US defense backstop
GE Aerospace and several major American manufacturers are in talks with the Pentagon to increase domestic weapons production. The Defense Department is...
United Airlines Pitches American Airlines Merger, Creating World’s Largest Carrier
United Airlines CEO Scott Kirby pitched a potential merger with American Airlines to senior government officials. Bloomberg first reported the proposal on...
Hermès and Kering Plunge, Hit by Middle East Conflict and Weak Sales
European luxury stocks sold off sharply following disappointing first-quarter results. Major brands cited slowing demand and geopolitical instability as...
S&P 500 and Nasdaq Hit Record Highs, Easing U.S.-Iran Tensions
The S&P 500 and Nasdaq Composite reached new record highs on Wednesday, April 15, 2026. The S&P 500 closed at 7,022.95. The Nasdaq finished at...
Franklin Templeton loses Mark Mobius at 89, pioneer of emerging market investing
Mark Mobius, the trailblazing investor known as the Indiana Jones of emerging markets, has died at age 89. He used on-the-ground research to shift perceptions...
Spirit Airlines weighs liquidation, pressured by soaring jet fuel prices
Spirit Airlines faces potential liquidation as rising jet fuel prices disrupt its second bankruptcy exit in under a year. The budget carrier is currently...
Infosys pivots to AI hiring, ending India's labor scale advantage
India’s information technology sector faces a paradigm shift as generative AI automates basic programming. This automation diminishes the competitive advantage...
Amazon Launches Shenzhen Smart Warehouse to Counter Shein and Temu
Amazon has launched its first Global Warehousing and Distribution (GWD) center in Shenzhen, China, aiming to support local merchants selling globally on its...
Lockheed Martin lands $868M, upgrading Trident nuclear missiles and F-35 jets
Lockheed Martin secured two contract modifications totaling approximately $868 million. The U.S. Department of War announced the awards on April 15, 2026. The...
Schlumberger Warns of Q1 Revenue Miss, Cites Middle East Conflict
Schlumberger (SLB) warned that first-quarter revenue will fall short of expectations. The oilfield services giant cited significant operational disruptions...
PepsiCo reports Q1 earnings, cutting snack prices to revive demand
PepsiCo will release first-quarter 2026 financial results before the market opens on April 16. Wall Street analysts expect earnings per share of $1.55....
Google-linked data center issues record $5.7B junk bond, fueling AI
A data center associated with Alphabet’s Google is issuing $5.7 billion in high-yield bonds. This transaction represents one of the largest junk bond sales of...
TSMC Posts Record $35.6B Revenue, Fueled by Surging Global AI Demand
Taiwan Semiconductor Manufacturing Company (TSMC) reported record first-quarter revenue of $35.6 billion. This figure represents a 35% year-over-year increase...
Roblox settles with Nevada for $12M, tightening child safety standards
Roblox reached a $12 million settlement with Nevada on April 15, 2026. The agreement establishes a first-of-its-kind framework to improve online safety for...
Google-linked data center sells record $5.7B bonds, funding AI expansion
A data center associated with Alphabet’s Google launched a record $5.7 billion high-yield bond sale on Wednesday. The issuance will finance the expansion of...
Trump Signals Imminent De-escalation Between Israel and Lebanon Starting Tomorrow
President Donald Trump has initiated efforts to secure a diplomatic pause between Israel and Lebanon, with the implementation of this strategic de-escalation...
ICICI Bank Limited Q1 2026 Earnings Preview: What Analysts Expect on April 17, 2026
Consensus expectations place ICICI Bank's revenue at $3.33 billion and EPS at $0.40, with the stock currently trading at $28.29 compared to a consensus price...
Telefonaktiebolaget LM Ericsson B Q1 2026 Earnings Preview: What Analysts Expect on April 17, 2026
Analysts expect Telefonaktiebolaget LM Ericsson to report Q1 2026 revenue of $5.16 billion and consensus earnings per share of $0.12, while the current stock...
HDFC Bank Limited Q1 2026 Earnings Preview: What Analysts Expect on April 17, 2026
Consensus estimates project revenue of $5.15 billion and earnings per share of $0.39, while the stock currently trades at $26.79 with a mean analyst price...